The good news is fully electric vehicle sales skyrocketing 27.2 per cent in the region YOY. Hybrid vehicles are proving to be the most appealing to European consumers, with those vehicles making up almost 59 per cent of car registrations in May, up from 49 per cent in May last year. Although hybrids use less graphite, 59% of all vehicle sales is impressive. Add BEV's on top of that. The bad news is “Despite the EU’s imposition of tariffs on Chinese electric vehicles, its car brands continue to post strong growth across Europe,” Felipe Munoz, global analyst at JATO Dynamics, said in a statement. “Their momentum is partly due to their decision to push alternative powertrains, such as plug-in hybrids and full hybrids, to the region.”
Petrol and diesel vehicles are rapidly shedding market share, with sales of the former slumping 19.5 per cent year-on-year and the later falling 27.6 per cent over the same period
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